Restaurant and Golf Course
For Sale
$6,990,000
Address Not Disclosed, Missoula, MT
Rare opportunity to own a fine dining restaurant and golf course.
Property Size10,109 SF
Price / SF$691.46
Days on Market328
Property Features for Address Not Disclosed
General Information
Standard status
Active
Size
10,109 SF
Property subtype
Retail
Building Details
Building Size
10,109 SF
Year Built
1992
Listing Agency:
PureWest Real Estate
Listed By:
Devin Khoury · License #MT #14766
(406) 207-8200
Source:
Svn
Added: Nov 21, 2025
Changed: Oct 15
Last Checked: Oct 14 at 7:51PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PureWest Real Estate
Investment Insights
Based on property information with market context.
This property, located in Missoula, Montana, features a fine dining restaurant and a 9-hole golf course. The property spans almost 65 acres and offers room for outbuildings or expansion, with undeveloped pockets of land suitable for rentals or employee housing. Nearby trails and outdoor pathways connect the restaurant to the golf course. The restaurant is known for its gourmet cuisine and inviting atmosphere, focusing on locally sourced ingredients. It serves golf course members, residential neighbors, and visitors, and also functions as a venue for weddings, events, and gatherings, with indoor and outdoor seating that takes advantage of the views. The restaurant and golf shop design includes large windows and an open-air patio. An all-beverage liquor license adds to the value and provides the opportunity to increase revenue with gaming, weddings, or other catering events. The golf course is suitable for golfers of all levels and provides recreation and an additional revenue stream. The property is an ideal setting for weddings, private events, and corporate functions and offers scenic mountain views from both the restaurant and golf course. It is a turnkey operation with established clientele and a strong local reputation, with potential for expansion and growth in both the dining and recreational aspects. The property is located at the top of Whitaker overlooking Missoula and includes substantial FF&E.
Key Highlights
- Established Fine Dining Restaurant & 9‑Hole Golf Course: A turnkey operation with a strong local reputation and established clientele.
- 64+ Acres with Development Potential: Ample space for expansion, outbuildings, rentals, or employee housing.
- Missoula Full Beverage Liquor License: Enhances revenue potential through gaming, weddings, and catering events.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$204,025
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,080,500
$4.1M
Cap Rate 7%
$2,914,643
$2.9M
Cap Rate 9%
$2,266,944
$2.3M
Market Conditions
NOI Build-Up for 10,109 SF
Gross rent
$279.0K $27.60/SF
− Vacancy
−$7.0K −$0.69/SF
EGI
$272.0K $26.91/SF
− OpEx
−$68.0K −$6.73/SF
NOI
$204.0K $20.18/SF
Area
Missoula County, MT
Vacancy
2.50%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,080,500
Cap Rate 7%
$2,914,643
Cap Rate 9%
$2,266,944
Alternative Uses
Best Use
Specialty Retail
$2.91M
$2.55M – $3.40M
NOI $204,025 @ 7.0% cap · market cap 2.92%
Second Best
Retail
$1.78M
$1.56M – $2.08M
NOI $124,826 @ 7.0% cap · market cap 1.79%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
368
Businesses Nearby
4k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Conoco
Shops & Services
3,847 visits/mo
0.5 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Golf course & driving range - Rare opportunity to own a fine dining restaurant and golf course.
Where is this golf course & driving range located?
The property is located at Address Not Disclosed Missoula, MT.
What is the asking price?
The asking price for this property is $6,990,000.
What are key features of this property?
This property features: Established Fine Dining Restaurant & 9‑Hole Golf Course: A turnkey operation with a strong local reputation and established clientele.; 64+ Acres with Development Potential: Ample space for expansion, outbuildings, rentals, or employee housing.; Missoula Full Beverage Liquor License: Enhances revenue potential through gaming, weddings, and catering events.
